Do You Have An Idea About The Secrets To Trading For A Living
If you are one of those people that do not normally trade to make a living then the first question you will put to someone that does is how they succeed in trading for a living. Of course, others might argue the fact that what constitutes a living for one person may not be the same for another person. For example, for many of us making a living would mean earning fifty thousand dollars a year while for others it could mean earning ten times that amount.
When you trade to make a living you will not be constrained by factors such as time because you can spend as much or as little time in trading as you desire. What's more, the return on your time and effort is quantifiable and you will also get good value for your efforts. And, by trading you are also helping to inject liquidity in the markets which is a valuable thing as well.
It is also not possible to make accurate and consistent predictions about what these large numbers of traders will do at any time and so trading to earn a living is not the best course of action. In fact, volatility in the short term is also quite random and the prices too will be fluctuating up and down in short periods of time which means that it is meaningless to think in terms of following support levels. This actually means that when trading in stocks you are going to be pitted against the odds and so will probably end up losing money more often than you make money.
All you need to do is place a trade and type in a stop-loss order and then spend some time doing what you like. As long as the trade moves in a desirable direction you will always succeed in making money from your trade. Another benefit to trading in stocks for a living is that you can put in a one-time effort that will then help you earn money over and over again.
You can, for example, purchase a stock on a Monday and then when the stock moves in an anticipated direction, over the next few days, you will start to earn money for as long as you hold on to the stock. This shows that for a single act (buying the stock) you will make money over and over again (for each day that you hold on to the stock).
You also do not need to sell products and services and nor is there any need to look for customers and best of all you don't need to pay for any significant overheads other than cost of running your PC, paying the Internet subscription and buying useful software.
Trading for a living also means enjoying flexible hours and you can in fact trade whenever you want to and you can also always take a day or two whenever you want to. This means that you will always have plenty of time and you can also earn as much as you want to make. There are in fact no limits to how much money a person can make in this manner.
This is how the smart people make money. They know that when people don't know enough about making money from trading it allows a smart and knowledgeable person to sell knowledge to others and in this way without risking their money earn a decent living. - 23208
When you trade to make a living you will not be constrained by factors such as time because you can spend as much or as little time in trading as you desire. What's more, the return on your time and effort is quantifiable and you will also get good value for your efforts. And, by trading you are also helping to inject liquidity in the markets which is a valuable thing as well.
It is also not possible to make accurate and consistent predictions about what these large numbers of traders will do at any time and so trading to earn a living is not the best course of action. In fact, volatility in the short term is also quite random and the prices too will be fluctuating up and down in short periods of time which means that it is meaningless to think in terms of following support levels. This actually means that when trading in stocks you are going to be pitted against the odds and so will probably end up losing money more often than you make money.
All you need to do is place a trade and type in a stop-loss order and then spend some time doing what you like. As long as the trade moves in a desirable direction you will always succeed in making money from your trade. Another benefit to trading in stocks for a living is that you can put in a one-time effort that will then help you earn money over and over again.
You can, for example, purchase a stock on a Monday and then when the stock moves in an anticipated direction, over the next few days, you will start to earn money for as long as you hold on to the stock. This shows that for a single act (buying the stock) you will make money over and over again (for each day that you hold on to the stock).
You also do not need to sell products and services and nor is there any need to look for customers and best of all you don't need to pay for any significant overheads other than cost of running your PC, paying the Internet subscription and buying useful software.
Trading for a living also means enjoying flexible hours and you can in fact trade whenever you want to and you can also always take a day or two whenever you want to. This means that you will always have plenty of time and you can also earn as much as you want to make. There are in fact no limits to how much money a person can make in this manner.
This is how the smart people make money. They know that when people don't know enough about making money from trading it allows a smart and knowledgeable person to sell knowledge to others and in this way without risking their money earn a decent living. - 23208
About the Author:
trading for a living is a dream of many. If you are a temp trader, you are undoubetly dreaming of this every morning you have to get up early and face tons traffic before getting to the office. Stop dreaming by getting stock picking software .
posted by X - Men @ 4:59 AM
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